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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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What is going on with Teranode?
20 Sep 2024 07:00 BSV Association's Siggi Óskarsson joined the CoinGeek Weekly Livestream this week, giving updates on the Teranode and its progress in the last six months.
BIS Project Agora selects 41 firms to tokenize deposits The 41 include Visa, Swift, Citi, JPMorgan, UBS, and Mastercard; meanwhile, the Qatar Financial Centre has selected 24 participants for its Digital Assets Lab.
Trump can’t buy political support for his DeFi project Donald Trump may be the first former U.S. president to buy burgers with BTC, but his World Liberty Financial project may complicate the passage of pro-crypto legislation.
BRICS payment platforms gaining traction: Sergey Lavrov BRICS members are increasingly turning to BRICS Pay, BRICS Bridge and bilateral payment platforms to reduce the influence of the USD and the euro in payments.
Crypto.com Gets Bahrain License, Amber Group Approved in Dubai
Seattle Airport Hit by $6M Bitcoin Ransom Demand After Cyberattack
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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